CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top stock reports this week (02.08.2021)

12:26 2 August 2021

We are already past the peak of the Wall Street earnings season for the second quarter of 2021. However, it does not mean that there won't be any noteworthy releases in the days ahead. Pace of the season will just clearly slow down.

This week investors will be served a wide array of earnings releases, from different branches of the US economy. 

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  • Video game developers will report earnings on Monday (Take-Two Interactive) Tuesday (Activision Blizzard) and Wednesday (Electronic Arts). 

  • Ride-hailing companies Lyft and Uber Technologies will report on Tuesday and Wednesday, respectively. 

  • Among earnings reporters representing "old economy" one can find oil companies ConocoPhillips, Occidental Petroleum and Phillips 66 - all reporting on Tuesday - as well as General Motors on Wednesday

  • Two very popular stocks among investors will also report this week. EV manufacturer Nikola will report on Tuesday while plant-based meat manufacturer Beyond Meat will report on Thursday

  • Report from Chinese e-commerce giant Alibaba Group on Tuesday may help alleviate investors' concerns after recent sell-off

  • On Friday, the final day of the week, two cannabis companies will release financial results for the second quarter of 2021 - Cronos and Canopy Growth

Top stock reports of the week. Source: Bloomberg, XTB

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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